Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.40% | +0.20 | 1.20% |
| Return on Equity (%) | ▲ | 14.38% | +0.94 | 13.44% |
| Net Interest Margin (%) | ▲ | 3.79% | +0.18 | 3.61% |
| Efficiency Ratio (%) | ▲ | 53.56% | -0.63 | 54.18% |
| Pre-Provision Profit ($M) | ▲ | $7 | +0.76 | $7 |
| Cost of Funds (%) | ▲ | 1.75% | -0.14 | 1.90% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $1,500 | +54.29 | $1,446 |
| Gross Loans ($M) | ▲ | $1,031 | +33.54 | $997 |
| Loan Growth YoY (%) | ▲ | 76.26% | +0.31 | 75.95% |
| Total Deposits ($M) | ▲ | $1,334 | +38.20 | $1,296 |
| Shareholders Equity ($M) | ▲ | $151 | +17.15 | $134 |
| Tang. Book Value ($M) | ▲ | $151 | +17.15 | $134 |
| TBV excl. AOCI ($M)** | ▲ | $164 | +17.91 | $146 |
| Loan / Deposit Ratio (%) | ▲ | 76.26% | +0.31 | 75.95% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.23% | +0.18 | 0.04% |
| Allowance / Loans (%) | — | 1.30% | -0.00% | 1.30% |
| Net Charge-Off Ratio (%) | ▼ | 0.24% | +0.21 | 0.03% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▅▇▇▇█ | Net Interest Margin (%) | 3.30% | 3.34% | 3.46% | 3.61% | 3.70% | 3.72% | 3.70% | 3.79% |
| ▁▁▃▃▅▅▇█ | Return on Assets (%) | 1.12% | 1.15% | 1.22% | 1.20% | 1.28% | 1.29% | 1.34% | 1.40% |
| ██▃▂▁▁▃▁ | Efficiency Ratio (%) | 58.1% | 57.8% | 55.1% | 54.2% | 53.4% | 53.7% | 54.6% | 53.6% |
| █▇▄▃▃▂▁▁ | Cost of Funds (%) | 2.26% | 2.19% | 1.98% | 1.90% | 1.90% | 1.86% | 1.81% | 1.75% |
| ▁▁▁▁▁▄█▇ | NPA / Assets (%) | 0.03% | 0.05% | 0.05% | 0.04% | 0.04% | 0.13% | 0.27% | 0.23% |
| ▁▂▂▁▁▆██ | Net Charge-Off Ratio (%) | 0.04% | 0.08% | 0.07% | 0.03% | 0.03% | 0.18% | 0.26% | 0.24% |
| ▂▁▃▄▆▆▇█ | Tang. Book Value ($M) | $125 | $120 | $128 | $134 | $142 | $142 | $146 | $151 |
| ▁▂▃▅▇▇▇█ | Gross Loans ($M) | $951 | $961 | $973 | $997 | $1,016 | $1,012 | $1,012 | $1,031 |
| ▁▂▃▄▄███ | Total Deposits ($M) | $1,253 | $1,265 | $1,285 | $1,296 | $1,294 | $1,341 | $1,345 | $1,334 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 89% |
| C&I / Commercial | 5% |
| Agricultural | 2% |
| Consumer | 2% |
| Other | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 24% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 12% |